v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows From Operating Activities:    
Net loss $ (5,875) $ (30,220)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 827 823
Impairment of goodwill and intangibles 1,631 700
Share-based compensation 2,433 1,985
Warranty provision 90 116
Change in fair value of warrant liabilities (9,572) 11,986
Non-cash lease expense 292 177
Provision for doubtful accounts (156) 180
Write off of accounts receivable 222 413
Inventory obsolescence reserve 15 465
Changes in assets and liabilities:    
Accounts receivable 2,446 (696)
Inventories (391) (2,224)
Prepaid expenses and other current assets 775 (179)
Accounts payable (441) (617)
Operating lease liabilities (91) (160)
Customer deposits (975) 1,002
Accrued liabilities and other 700 (344)
Warranty settlement (79) (169)
Deferred revenues (39) 210
Other non-current assets 63 (151)
Net cash used in operating activities (8,125) (16,703)
Cash Flows From Investing Activities:    
Purchases of short-term investments (10,000)
Proceeds from maturities of short-term investments 7,500 16,355
Capital expenditures for property and equipment (12) (230)
Investment in patents and trademarks (156) (393)
Net cash paid for acquisition of Intrensic (20) (554)
Net cash provided by investing activities 7,312 5,178
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 588 208
Proceeds from issuance of warrants and convertible preferred stock 10,000
Dividends settled in cash (120) (58)
Net cash provided by financing activities 468 10,150
Net decrease in cash and cash equivalents (345) (1,375)
Cash and cash equivalents, beginning of period 3,955 5,330
Cash and cash equivalents, end of period 3,610 3,955
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Change in unrealized gain on short-term investments (94)
Right-of-use asset and liability recorded during period 2,109
Issuance of common stock for acquisition 1,938
Net assets acquired from acquisition 2,491
Dividends on convertible preferred stock (1,098) (334)
Dividends settled with common stock $ 1,158 $ 232

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